The US Second Circuit Court of Appeals has ruled that the federal Liability Risk Retention Act (LRRA) categorically preempts a New York State statute that allows a direct action lawsuit against a risk retention group...
The Texas Department of Insurance (TDI) has approved the formation of a new captive insurer and the redomestication of two other captive entities under new rules adopted to implement Senate Bill (SB) 734...
A.M. Best has affirmed the financial strength rating of A (Excellent) and issuer credit rating of “a” of Transmonde Services Insurance Company. The outlook for both ratings is stable...
Guy Carpenter & Company, LLC, a member of Marsh & McLennan Companies, reports that the 1 April 2014 renewal was marked by price reductions and more tailored reinsurance coverage...
Connecticut insurance and business leaders are eagerly watching Senate Bill 188, which contains provisions updating the state’s captive laws, ensuring they remain on par with those of the top domiciles in the country...
Willis Capital Markets and Advisory (WCMA) has seen the investor base broaden during Q1 2014, according to its quarterly report...
To mark the 40th anniversary of its captive management operations on Guernsey, Marsh has launched its ‘Guernsey 40:40’ programme, which will see staff undertake 40 activities in support of local charities and community groups during 2014...
Temple University in Philadelphia has continued to expand its risk management and insurance education and research department with the introduction of a Master of Science qualification in risk management and insurance (MS-RMI)...
